Massachusetts Decree and Order of Allowance of Account is a form of legal order issued by the Probate Court of Massachusetts. It is a court decree that allows an executor or administrator of an estate to settle the estate's accounts and distribute the assets to the beneficiaries. It also specifies the amount of compensation due to the executor or administrator for his or her services. There are two types of Massachusetts Decree and Order of Allowance of Account: Formal and Informal. The Formal Decree is used to settle complex estates with numerous assets and liabilities, while the Informal Decree is used to settle simple estates with few assets and liabilities. The Decree specifies the assets and liabilities of the estate, the amount of compensation due to the executor or administrator, and the amount to be distributed to the beneficiaries. It also specifies the date of distribution and any other necessary instructions.
Massachusetts Decree and Order of Allowance of Account is a form of legal order issued by the Probate Court of Massachusetts. It is a court decree that allows an executor or administrator of an estate to settle the estate's accounts and distribute the assets to the beneficiaries. It also specifies the amount of compensation due to the executor or administrator for his or her services. There are two types of Massachusetts Decree and Order of Allowance of Account: Formal and Informal. The Formal Decree is used to settle complex estates with numerous assets and liabilities, while the Informal Decree is used to settle simple estates with few assets and liabilities. The Decree specifies the assets and liabilities of the estate, the amount of compensation due to the executor or administrator, and the amount to be distributed to the beneficiaries. It also specifies the date of distribution and any other necessary instructions.
